DELL moves higher in continuation LONG
Aggiornato
DELL on the weekly chart shows its bullish trend which accelerated this past March as shown
on the Prive Volume Trend. The relative volume indicator shows some spiking blue volume
bars of buying volume = 3 of the 13 weeks in the past quarter. I see this as a long swing trade
or even an investment to hold at an easy to get into price compared with SMCI. DELL may be
a bit overbought and overextended but I am convinced it is for good reasons and that a trade
here will pay profit over time. The dip of 5% in the past trading day provides a good entry.
on the Prive Volume Trend. The relative volume indicator shows some spiking blue volume
bars of buying volume = 3 of the 13 weeks in the past quarter. I see this as a long swing trade
or even an investment to hold at an easy to get into price compared with SMCI. DELL may be
a bit overbought and overextended but I am convinced it is for good reasons and that a trade
here will pay profit over time. The dip of 5% in the past trading day provides a good entry.
Nota
Price sideways from the entry at the sell-off.
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